Exceptional investment/redevelopment opportunity in one of Ottawa's most prestigious and established neighbourhoods. Situated on a premium oversized lot in highly sought-after Alta Vista, 312 Mountbatten Avenue offers outstanding potential for investors, builders, developers, or buyers looking to create a luxury custom residence in a prime central location. Surrounded by high-end custom homes and mature tree-lined streets, this property presents a rare opportunity to secure premium land value in a rapidly evolving luxury corridor. The property is currently tenanted, offering immediate rental income and holding potential while redevelopment plans, permits, or future custom-home designs are pursued. The lot orientation creates excellent potential for energy-efficient custom-home design while maximizing natural light in principal rear-facing rooms. This property offers buyers the opportunity to generate rental income while planning a future redevelopment project in a mature central neighbourhood where demand for premium housing remains exceptionally strong. Renderings are conceptual illustrations only and are provided for marketing purposes. *For Additional Property Details Click The Brochure Icon Below*
| MLS # | X13219974 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 80 |
| Listing Provided By | ICI SOURCE REAL ASSET SERVICES INC. | X13219974 209900 |
| Bed(s) | 2 |
|---|---|
| Bath(s) | 2 |
| Basement | Y |
| Acreage | 0.18 |
| Water Front | None |
| Interior Features | Primary Bedroom - Main Floor |
|---|---|
| Cooling | Central Air |
| Heat Source | Gas |
| Fireplace Yes / No | Yes |
| Roof | Asphalt Shingle |
|---|---|
| Foundation Details | Concrete Block |
| Construction Materials | Concrete |
| Garage Yes / No | No |
|---|---|
| Parking Features | Lane |
| Sewer | Sewer |
|---|
| Tax Annual Amount | 6295.45 |
|---|---|
| Tax Legal Description | LT 113, PL 452 ; OTTAWA/GLOUCESTER |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| County | Ottawa |
| City | Alta Vista and Area |
| Postal Code | K1H 5W3 |
| Area | 3606 Alta Vista | Faircrest Heights |
| Listing VS Median (in K1H 5W3) | |
Price: $825,000 low | high Med: $0 On site: 80 low | high Med: | |
| Province | ON |
|---|---|
| County | Ottawa |
| City | Alta Vista and Area |
| Postal Code | K1H 5W3 |
| Area | 3606 Alta Vista | Faircrest Heights |
| Listing VS Median (in K1H 5W3) | |
Price: $825,000 low | high Med: $0 On site: 80 low | high Med: | |